16, MONKDOWN, DOWNSWOOD, MAIDSTONE, ME15 8SP - £185,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

16 MONKDOWN is a very small detached house of 72m², built sometime between 1983 and 1990, which could now be worth an estimated £363,196. It was last sold for £185,000 in April 2004, which was around 41% below the average April 2004 detached price in the Maidstone local authority area. The most recent EPC inspection was February 2011, where the current energy rating was C, and the potential energy rating was C.

16 MONKDOWN Sold Prices

Land registry data shows three sales for 16 MONKDOWN since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Maidstone local authority area for the corresponding sale date. All of the three 16 MONKDOWN sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2004 28 APR	£185,000	£315,440	41% below HPI
1997 16 MAY	£85,500	£131,053	35% below HPI
1996 19 JUL	£80,000	£118,681	33% below HPI

16 MONKDOWN Price Paid vs. HPI Average

The below graph shows the average detached house price in the Maidstone local authority area over time, sourced from the HPI. The three 16 MONKDOWN sales between July 1996 and April 2004 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the May 1997 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the April 2004 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might 16 MONKDOWN be worth now?

16 MONKDOWN might now be worth an estimated £363,196.

This is based on house price inflation of 96.3%, between April 2004 and December 2024, for detached houses, in the Maidstone local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 96.3% inflationary increase is applied to the most recent sale price for 16 MONKDOWN of £185,000 on 28th April 2004. For the value to have increased from £185,000 to £363,196 over the nineteen years and four months to December 2024, the following assumptions must hold true:

• The value of 16 MONKDOWN has moved in line with the HPI for detached houses in the Maidstone local authority area.
• The April 2004 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 16 MONKDOWN has not materially changed since April 2004.

How Large is 16 MONKDOWN?

16 MONKDOWN is 72m² according to the EPC inspection conducted in February 2011. This puts it in the smallest 10% of detached houses houses in Maidstone, based on EPC data. The below chart shows the distribution of detached houses houses by size in Maidstone, and where 16 MONKDOWN lies on this distribution: 5% of detached houses houses are smaller than 16 MONKDOWN, and 95% of houses are larger. Note that EPC data is not available for all properties in Maidstone.

16 MONKDOWN: Plot and Title Map

16 MONKDOWN sits on a plot of roughly 0.070 of an acre, or 285m². The below map shows the location of 16 MONKDOWN, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 16 MONKDOWN). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 16 MONKDOWN?

16 MONKDOWN is located in DOWNSWOOD, in the ME15 postcode district. The below map shows the position of No. 16 on MONKDOWN.